1 / 6
11score
↓ $22,001
$299,999
MLS
Street view4548 Pepper Ct
Indianapolis IN 46237 · Single Family · built 1993
4 bd2.5 ba1,904 sqft$158/sqft vs ZIP $151 +4%
0.92 lender DSCR (est.)
Rent covers the estimated payment 0.92× · walk-away floor 1.20 · medium confidence
How we compute this
Rent est. $2,043/mo (ZIP + bedroom comps) ÷ estimated monthly payment: 75% LTV, ~7.5% rate, 30‑yr term, insurance ~0.5%/yr, taxes from the county assessor. Assumptions as of 2026-09-12.
price cut 7%
The underwriting
The numbers (estimates, illustrative)
$299,999List price
$2,043Rent estimate / mo
0.92Lender DSCR (est.)
$5,786Taxes / yr · county assessor
$151ZIP median $ / sqft
11/100Deal Score
Monthly picture (illustrative)
| Rent est. | $2,043 |
| − Mortgage (P&I) | −$1,573 |
| − Taxes | −$482 |
| − Insurance | −$125 |
| − HOA | −$40 |
| = Cash flow before vacancy & repairs | $-177 |
The numbers
- Price
- $299,999
- $ / sq ft
- $158 ZIP median $151
- Rent estimate
- $2,043/mo ZIP + bedroom comps
- Property taxes
- $5,786/yr 2% cap on assessed value $289,300
- PITIA (assumed)
- $2,220/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr, HOA $40/mo
- Lender DSCR (est.)
- 0.92 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 11/100 price cut 7%
The property
- Beds / baths
- 4 / 2.5
- Living area
- 1,904 sq ft
- Lot
- 14,375 sq ft
- Year built
- 1993
- Property type
- Single Family
- HOA
- $40/mo
- Flood zone
- None (Zone X)
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22111712
- Listed
- Jul 7, 2026
- Days on market
- 102
- Listing agent
- Tracey Brown · Carpenter Realtors, South Meridian
3174085913 · tbrown@callcarpenter.com - Price history
- First asked $322,000 · previously $309,000 cut $22,001
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All figures are illustrative estimates from the list price, public records, rent comps / HUD fair-market rent and assumed financing (75% LTV, ~7.5%, 30 yr, as of 2026-09-12). Not verified, not an offer, not investment advice. Triad Global, LLC is a real-estate investor, not a licensed brokerage. Listing data from public sources; verify everything before you bid. Equal Housing Opportunity.